The cheapest Rolex watch on the company’s website is the Oyster Perpetual, which retails for between $5,300 and $6,150, depending on your case size. It is the most affordable replica Rolex offering, as it forgoes precious metals in favour of an all-steel face. 
In addition, the Oyster Perpetual is a time-only watch, which means it doesn’t have any additional functions, just three centrally mounted hands for hours, minutes and seconds. It is everything you need in a luxury watch, without the fancy bells and whistles. It is simple elegance.
However, many models produced today are nearly impossible to purchase at the retail level, including some OP variations. In this case, the secondary market is your best bet, with prices starting in thousands of dollars. Generally speaking, you can expect to pay anywhere from $3k upwards for an affordable Rolex watch.
The Rolex Air King is simultaneously one of the brand’s oldest and most affordable collections. According to Rolex lore, the Air-King was developed in honour of the British Royal Air Force pilots who fought in World War II. Thanks to its simplicity and reasonable price, the Air-King has gradually become a favourite among cheapest Rolex enthusiasts. Throughout the long history of the Air-King, four standout models offer incredible value.
In 2010, the Explorer line received the most extensive design update since its inception in the 1950s. The currently produced Explorer ref. 214270 now features a more significant 39mm Oyster case and is powered by the updated Caliber 3132 movement, which features Rolex’s new Paraflex shock absorber. This Explorer, model 214270, is an early addition to the collection and features the so-called Mark I dial, which includes solid white gold 3, 6 and 9-hour markers instead of the last luminous markers.
If a copy Rolex Datejust is more your speed, then the Datejust ref. 16234 or Datejust ref. 16200 are solid choices. This Datejust ref. 16234 is a more formal choice with its fluted white gold bezel on a 36mm steel case, Jubilee strap, and salmon-coloured dial. 16234 is the more formal choice. Alternatively, for a more sporty style, this Datejust ref. 16200 with its smooth steel bezel, Oyster strap, and Arabic numerals on the dial is a great choice.
Whether you choose the Air-King, Explorer, Datejust, or another more affordable Rolex watch, it’s clear that you’ll have plenty of options, regardless of your specific budget.